W funding rates
W perpetual funding is currently quoted across 5 venues, ranging from -216.9% to +0.0% APR. The most reliable delta-neutral pairing for W right now is long Hyperliquid / short Kraken at +6.7% net APR (medium risk, ~4.6d to break even).
as of 2026-07-29 10:02 UTC
Best delta-neutral pairing
Long Hyperliquid / Short Kraken
+6.7% net APR
- Backtested (30d)
- +9.3%
- Stability
- 46.9%
- Risk
- medium
- Breakeven
- ~4.6d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeW funding by exchange
| Exchange | Funding APR |
|---|---|
| dYdX | +0.00% |
| Kraken | -5.52% |
| Hyperliquid | -31.65% |
| Grvt | -33.95% |
| Variational | -216.93% |
Frequently asked
What is the W funding rate right now?
W perpetual funding ranges from -216.93% to 0.00% APR across 5 exchanges we track; the widest delta-neutral spread is long Hyperliquid / short Kraken at 6.7% net APR.
Which exchange has the highest W funding rate?
dYdX currently has the highest at 0.00% APR. See the full ranking above.